KATHMANDU, Aug 7: Nepal Rastra Bank (NRB) has increased the ceiling on use of foreign currency on imports to US $60,000 from existing USD 50,000 for one-time transaction.

BIRGUNJ, July 8: International shipping companies have started entering Nepal promising different facilities for Nepali traders, as the number of containers entering the country has reached around 100,000 annually.

BIRGUNJ, June 21: The Integrated Check Post (ICP) at Birgunj whose operation kick-started after being formally inaugurated by Prime Minister Khadga Prasad Oli and his Indian counterpart Prime Minister Narendra Modi, has not been as effective as expected for Nepal. Importers claim that the transportation of goods through the ICP has been inefficient and costlier than before.

BIRGUNJ, May 14: India's Kolkata port is building infrastructures to improve its service quality much to the delight of Nepali exporters and importers.

BIRGUNJ, March 15: Traders have started stockpiling imported goods at the dry port after Minister of Finance Yuba Raj Khatiwada directed customs valuation to stop undervaluation of goods at the customs points.

NEPALGUNJ, Nov 1: An Indian truck with registration UP 35 T 7307 loaded with electrical appliances worth Rs 2 million entered Nepal on Saturday evening without completing customs procedures.

KATHMANDU, May 15: Two leading professional bodies of the private sector have criticized the decision of Nepal Drug Importers Association (NDIA) to stop import of different medicines as part of its protest against the government.

BIRGUNJ, March 9: It has been revealed that container handling agents (CHAs), who represent Nepali importers at Kolkata port, are involved in fraudulent activities.

Mobile phone importers form trade group

December 4, 2016 21:15 pm

KATHMANDU, Dec 4: People involved in import of mobile phones have formed Mobile Phone Importers Association (MPIA) with the aim of controlling grey market of smartphones in Nepal.

BIRGUNJ, July 22: A recent decision of Indian Railways to extend load unload time at its Raxaul station has worried Nepali importers as such decision would mean additional fine for them.